BRIEF-Ucore Rare Metals says investor to increase overall investment

Mon May 30, 2016 8:07am EDT
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May 30 (Reuters) - Ucore Rare Metals Inc :

* Taken receipt of C$7.3 million and amended terms of royalty agreement announced on December 14, 2016

* Investor has now elected to increase its overall investment to $6m and to convert royalty into shares in Ucore Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)